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Kenya’s 2018/2019 Budget is Tightened Nooses on the Necks of Despaired Citizens!

  • Published in Al-Rayah
  •   |  
Kenya’s 2018/2019 Budget is Tightened Nooses on the Necks of Despaired Citizens!
The tax proposals submitted through the 2018 Finance Bill are designed to generate an additional Ksh 27.5 billion in tax revenue for the FY 2018/19. The 2018/2019 budget deficit of Ksh 558.9 billion (equivalent to 5.7 percent of GDP) will be financed by net external financing amounting to Ksh 287.0 billion (equivalent to 3.0 percent of GDP)
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Why Trump Threatens to Pull the US out of NATO

  • Published in Al-Rayah
  •   |  
Why Trump Threatens to Pull the US out of NATO
The NATO Summit Declaration was issued on the first day, and there was nothing surprising in it; the surprises came later. Trump has been chiding European countries for not contributing enough money for their defense since his 2016 election campaign, but at the NATO summit in Brussels on the 11th and 12th of July, he raised the temperature to boiling point.
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